Item 7B - NarrativeBackground on Tone Shop Guitars
Tone Shop Guitars is a locally owned retailer of acoustic and electric guitars and
related accessories. Tone Shop was established in 2015 and has become the most
successful dealer in North Texas for the music industry's top brands such as
Fender, Gibson, Taylor and Martin Guitars. We also provide basic guitar
maintenance and repair. As a service to our customers Tone Shop also offers
trade-ins for players wanting to upgrade their instrument. Approximately 5% of
our sales are generated by those previously owned instruments.
The current tenant "School of Rock" has been the sole occupant of 3220 W
Southlake Blvd for approximately ten years and recently reduced the size of their
space. Our leased 3451 sq ft portion of the building will be used as follows: 456 sq
ft Storage, 156 sq ft restrooms, 798 sq ft acoustic guitar selling area, 1000 sq ft
electric guitar sales, the remaining square footage will be used as common areas,
amplifier and accessories selling areas.
For more information, please visit us on the web at www.toneshopguitars.com